Latest Resource Growth News

GreenTech Metals has returned its strongest multi-metre copper result to date at the Ayshia deposit, with gold, silver and zinc credits included. The intersection sits approximately 65 metres beyond the existing resource envelope, although its true width remains unconfirmed.

Rumble Resources is preparing three drilling campaigns across Western Australia while an updated Western Queen study approaches its expected late-September release. The programs target resource growth at Wardawarra and Munarra Gully, alongside previously identified gold systems at Thunderstorm.

Encounter Resources has identified a shallow, high-grade niobium zone at Joyce, 6 kilometres east of its Green deposit, with drilling ending in mineralisation. Assays from surrounding holes are due in October and will determine whether the zone has meaningful lateral continuity.

Rox Resources has reported multiple high-grade underground gold intercepts at Youanmi’s United North area, including 10.30m at 12.46g/t. Ore drives on two levels have also extended about 125m beyond the existing DFS mine plan, with production stoping preparations now underway.

Gorilla Gold Mines has lifted its reported Mineral Resource to approximately 2.0Moz of gold after a year of intensive Western Australian drilling. The gain comes with strong exploration momentum, but the company remains pre-revenue and expects to seek further funding.

BMC Minerals has moved the Kudz Ze Kayah project through a key regulatory gateway and reported high-grade drilling beyond the current reserve, but its first full year as an ASX-listed company also exposed the funding challenge ahead. The Canadian developer ended FY2026 with US$50.3 million in cash, no revenue and an auditor-highlighted material uncertainty over going concern.

Gorilla Gold Mines has extended its Lakeview drilling story with a 7.0-metre intercept grading 12.6g/t gold, while securing the final permit for underground activities at Sovereign. Metallurgical testing across three Comet Vale deposits also returned average 94.6% gold recovery after 48 hours at a relatively coarse grind size.

Odyssey Gold has identified a previously unmodelled high-grade gold structure west of its Cable deposit, with drilling also strengthening the emerging Argos lode. The results could expand the Tuckanarra resource envelope, although continuity and scale remain to be established.

Challenger Gold has set early 2029 as the target for commercial production from a stand-alone heap leach operation at its Hualilán project in Argentina. The roadmap brings engineering, drilling and financing into sharper focus, but still depends on a US$15 million debenture refinancing and a much larger project funding package.

Kuniko has extended the interpreted Silica Hill mineralised system by about 100 metres, with drilling encountering a broad sulphide zone and veins up to 50 centimetres thick. The key test now shifts to laboratory assays, due in four to six weeks, ahead of a planned December 2026 resource upgrade.

Ore Resources has extended lithium mineralisation beyond the current resource boundaries at its Big Red and Potoroo pegmatites, with drilling still open to the north and west. The results add exploration upside to Kangaroo Hills as the company advances strategic discussions and approvals for a potential DSO operation.

Rox Resources has started surface diamond drilling at Youanmi, targeting resource conversion, incremental growth and deeper extensions of the high-grade United North system. The campaign could support future reserve growth and mine-life extensions, but its value still depends on drilling results that have yet to arrive.